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Brazil's real gains 1 pct on persistent hopes for Fed stimulus
August 31, 2012 / 3:35 PM / 5 years ago

Brazil's real gains 1 pct on persistent hopes for Fed stimulus

RIO DE JANEIRO, Aug 31 (Reuters) - The Brazilian real gained 1 percent as investors digested remarks by U.S. Federal Reserve Ben Bernanke on Friday, finding a few signs that another round of monetary stimulus may soon be deployed.

The real gained 1 percent to 2.0269 per U.S. dollar.

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